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Focus Returns To Sgd1.3000-52.....>

DOLLAR-SING TECHS
DOLLAR-SING TECHS: Focus Returns To Sgd1.3000-52 Region
*RES 4: Sgd1.3229 - Daily Bear channel top 
*RES 3: Sgd1.3216 - 55-DMA 
*RES 2: Sgd1.3214 - High Mar 5 
*RES 1: Sgd1.3151 - Hourly resistance Mar 12
*PRICE: Sgd1.3124 @ 2300GMT
*SUP 1: Sgd1.3091 - Bollinger band base 
*SUP 2: Sgd1.3052 - Low Feb 16 
*SUP 3: Sgd1.3013 - 2018 Low Jan 25 
*SUP 4: Sgd1.3000 - Monthly Low Dec 16 2014
*COMMENTARY: Hesitation ahead of the 55-DMA and daily bear channel top off Oct
highs has taken its toll with a close below Sgd1.3131 that reconfirms bearish
focus on Sgd1.3000-52 where 2018 lows are situated. The Bollinger base is the
key concern for bears with potential to limit follow through. Initial resistance
is noted at Sgd1.3151 but bulls need a close above the bear channel top to ease
bearish pressure and shift focus to Sgd1.3284-1.3369.

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